Highest-Paying Business Schools For Undergrads

Harvey Mudd College

Harvey Mudd College

THE HIGHEST PAYING SCHOOL OVERALL? IT’S NOT HARVARD OR STANFORD

Looking beyond business, the highest paid graduates overall come from California’s Harvey Mudd College, a private California liberal arts program focused on science, engineering, and math. Here, graduates pull down $78,500 early in their careers. Another tech-driven program, the Massachusetts Institute of Technology (MIT), is nipping at Harvey Mudd’s heals, with undergraduates reporting $78,300 annual pay early in their careers. The U.S. Military Academy and the U.S. Naval Academy hold the third and fourth spots at $76,000 and 72,900 respectively. Stanford rounds out the top five at $70,800. An interesting tid bit? At $65,700, Harvard grads earn less than their peers at the SUNY Maritime College, Loma Linda University and the Rose-Hulman Institute of Technology (and they make less than Princeton grads to add insult to injury).

By mid-career, the pattern remains remarkably consistent. Here, the SUNY Maritime College has taken the top spot, with alumni (who haven’t pursued a post-graduate degree) earning $144,000 on average. Harvey Mudd drops to third (tied with Princeton) at $131,000, with MIT and Stanford retaining the second and fifth spots making $134,000 and $127,000 respectively.

Go to next page to see the highest-paying colleges and universities overall (Both undergraduate and graduate degrees)

  • Red Layug

    The rankings on pages 3 to 5 make very little sense. Earnings are heavily influenced by: 1. job sectors, then, 2. location.
    STEM and highly technical or specialized engineering graduates are more likely to be absorbed by companies and organizations that pay more than humanities or social sciences (minus business and economics) are. So, this automatically penalizes those schools having a wide range of undergrad programs such as Berkeley. This is an apple and orange comparison. You cannot pit a school as huge and as diverse as Berkeley against a heavily STEM school like or Caltech, for instance. Or, the huge Berkeley (with so many undergrad programs) against the tiny Princeton or Stanford (not entirely STEM-dominated schools but have a much lesser undergrad programs).

    A more sensible comparison would be to divide this into 2 groups:
    1. Schools with few undergrad major offerings (Dartmouth, Duke, Princeton and the like), and
    2. Schools with many undergrad major offerings (Berkeley, Michigan, Texas, UIUC and the like).
    That’s one.

    But the better way to approach this is to devide this into 4 catogeries (make it 6 if you can), almost similar to your page 2 ranking where you made a specific ranking for business major graduates only. These 4 categories are the 4 main divisions of academic discipline:
    1. STEM
    2. Humanities
    3. Social Science
    4. Languages and the Arts.

    Alternatively, or, better yet, you may further divide it into 6 and include the following:
    5. Preprof/vocational — Hotel Administration, tourism, architecture, sports management, teachers, etc…
    6. Paramedical — nursing, physiotherapy, pharmacy

    Now, let’s see how much better would the Ivies be versus the “public Ivies”, or if there really is a difference between MIT and Berkeley in STEM.

    I used MIT and the Ivies as examples because, they’ve registered impressively on the overall charts. And, Berkeley, because I’ve noticed on their career website how big the disparity is between or among programs. For example, the average salary of the computer science and the EECS fresh graduates of Berkeley is something like 110k, while it’s only around 55k for the humanities grads. And, this reinforces my suspicion that the reason why heavily tech schools like MIT and Caltech… and, small schools like Yale and Princeton… are doing better than Berkeley (although the gap isn’t big) is because Berkeley has plenty more undergrad programs — and thereby, will be sending many more graduates — to organizations and sectors that aren’t as generous as the others.